With generative AI and advanced data tools, Model N enhances its solutions for Channel Data Management, Formulary Compliance, and Provider Management, enabling greater efficiency and market adaptability for supply chain leaders.
Revolutionizing Revenue Management with Generative AI
Model N has introduced generative AI (GenAI) capabilities and intelligent data integrations into its flagship offerings. These enhancements elevate its Channel Data Management, Formulary Compliance, and Provider Management solutions, reflecting the company’s drive for continuous innovation and operational excellence.
Supply Chain Benefits of GenAI and Intelligent Data
The inclusion of GenAI in Model N’s tools offers significant advantages for supply chain operations. By automating manual data tasks and improving data accuracy, organizations can streamline workflows, strengthen compliance protocols, and optimize revenue channels. These capabilities are particularly relevant for high-tech manufacturers managing complex product ecosystems and indirect revenue sources.
Key Features Transforming Operations
GenAI Catalog Discovery:
Model N’s Channel Data Management solution now features GenAI Catalog Discovery, designed to process unstructured point-of-sale (POS) data. This tool automatically structures product descriptions into actionable insights, regardless of language, enabling manufacturers to track product usage and bundling trends. This insight empowers supply chain teams to refine product bundles and drive increased channel sales.
Automated Web Scraping for E-Commerce:
To complement the Catalog Discovery feature, Model N has introduced a web-scraping tool that collects channel data directly from e-commerce platforms. This automation replaces manual data collection, enriching product catalogs with real-time insights and ensuring supply chain leaders can react promptly to market changes.
Strategic Implications for Supply Chains
These innovations enhance visibility across indirect revenue streams and simplify compliance efforts. By leveraging AI-powered automation, supply chain professionals can focus on strategic decision-making, such as optimizing channel strategies and strengthening partnerships with downstream distributors.
Model N’s advancements underline the growing role of AI in simplifying complex supply chain challenges and positioning organizations for competitive growth.
